Netflix (NFLX) Receives a Hold from Aegis Capital
Aegis Capital analyst Victor Anthony maintained a Hold rating on Netflix (NFLX) on October 17 and set a price target of $275.00. The company’s shares closed last Monday at $278.05.
According to TipRanks.com, Anthony is a top 100 analyst with an average return of 14.1% and a 63.7% success rate. Anthony covers the Technology sector, focusing on stocks such as ANGI Homeservices Inc, IAC/InterActiveCorp, and The Meet Group Inc.
Netflix has an analyst consensus of Moderate Buy, with a price target consensus of $377.39, which is a 38.3% upside from current levels. In a report issued on October 3, Needham also maintained a Hold rating on the stock.
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Based on Netflix’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $665 million. In comparison, last year the company had a net profit of $403 million.
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